Chris appears on The Sanchez Effect on RT to break down the Houthis’ Saudi oil blockade, looming strait closures, and the severe global economic fallout ahead.
Source: Peak Prosperity
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DW NOTE
The Hormuz strait reopened four weeks ago and traffic is recovering. This headline is from a parallel timeline where the crisis it describes is still pending.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
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